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207 29th Street

Newport Beach, CA 92663

– beds
– baths
– sqft
2,375 sqft lot
1977 build
– on site

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207 29th Street offers a unique opportunity for those seeking a blend of coastal living and investment potential in Newport Beach. Just STEPS from the ocean and a short walk to Balboa Peninsula's local restaurants and shops, this remodeled duplex sits on a quiet and wide street predominantly occupied by long-term residents, ensuring a tranquil environment away from peninsula street traffic and noise. The UPPER unit with three-bedrooms and two-baths, completely remodeled in 2021 with contemporary upgrades, boasts vaulted ceilings, attractive flooring and a charming corner fireplace within an open-plan living room and kitchen area. This layout flows onto a generously-sized sunny patio, offering residents the luxury of peekaboo ocean views while enjoying the fresh ocean air and ambiance. The LOWER unit with one-bedroom and one-bath retains its original charm, including a fireplace and a large outdoor patio. Both units are rented on a month-to-month basis. Convenient parking options include a 3-car garage and an additional space in alley at the rear of the property. Moreover, the property presents significant potential for redevelopment under Newport Beach zoning regulations. Permitted options for new construction include a two-story, two-unit duplex or condominium, and/or ADU configuration. Local architect Rod A. Jeheber has drafted plans (available to potential buyers) for a contemporary two-unit condominium with modern amenities and ocean views, catering to both full-time and part-time residents seeking a lock-and-go lifestyle. Whether you're looking for a coastal retreat, an investment opportunity, or a combination of both, don't miss out on this prime opportunity to enjoy beach-life year around.

Listed By CRMLS_CA / Tom Billings / Coldwell Banker Realty / 949-394-7640

Last checked: Checking… • Last updated Mar 22, 2024 •

MLS# NP24031230 —

The Building

Year Built:

1977
Year Built Source:

Public Records
New Construction:

No
Roof:

Composition
Entry Level:

2
Foundation:

Slab
Common Walls:

No Common Walls
Number With Patio:

2
Building Area Total:

1792.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

2
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Levels:

Two
Entry Location:

Upstairs
Flooring:

Laminate
Room Type:

Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
Fireplace:

Yes
Fireplace:

Living Room, Gas, Fire Pit
Laundry:

In Garage, Individual Room, Upper Level
Laundry:

1

Location

Directions:

Newport Blvd to right at 29th Street
Latitude:

33.61354300
Longitude:

-117.93098000

The Property

Property Type:

Residential Income
Subtype:

Duplex
Property Condition:

Turnkey, Updated/Remodeled
Lot Features:

0-1 Unit/Acre, Level with Street
Lot Size Area:

2375.0000
Lot Size Acres:

0.0545
Lot Size SqFt:

2375.00
Lot Size Source:

Public Records
View:

1
View:

Coastline, Ocean, Water
Fencing:

Wood
Fence:

Yes
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

129
Tax Census Tract:

635.00
Tax Tract:

418
Tax Lot:

20

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

04707212

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Other (OTHR)
Subdivision:

West Newport/Balboa Peninsula
Senior Community:

No
Features:

Biking, Fishing, Hiking, Watersports
Pool:

None
Private Pool:

No
Waterfront Features:

Beach Access, Beach Front
Spa Features:

None
Association:

No

Parking

Parking:

Yes
Parking:

Direct Garage Access, Driveway Level, Garage, Tandem Garage
Parking Spaces:

4.00
Garage Spaces:

3.00
Uncovered Spaces:

1.00

Extra Units

Average 1 Bed Area:

648
Average 3 Bed Area:

1144
Number With Drapes:

2
Number With Disposal:

2
Number With Dishwasher:

2
Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/21/24 Feb 21, 2024		BRIDGE	$2,795,000
2/21/24 Feb 21, 2024	Sold Subject To Contingencies	CRMLS_CA	$2,795,000
2/15/24 Feb 15, 2024	Listed / Active	CRMLS_CA	$2,795,000	23.4% (16.0% / YR)

Multifamily Sold on 3/22/2024

$2,795,000

Listing provided by broker:

Tom Billings

Coldwell Banker Realty

949-394-7640

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Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 08:01 on May 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

207 29th Street

Newport Beach, CA 92663